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The Competition Act decriminalizes many anti-competitive practices and it is here that a significant change took place with the 2009 amendments.
Competition Act
Legislation aimed at preventing anti-competitive practices in the marketplace, protecting consumers and ensuring fair trade.
Anti-competitive Practices
Business actions that prevent or reduce competition in a market, which can include monopolies, cartels, and predatory pricing.
2009 Amendments
Constitutes specific changes or updates made to a legal document, law, or regulation in the year 2009.
- Comprehend the objectives and consequences of the federal Competition Act.
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Learning Objectives
- Comprehend the objectives and consequences of the federal Competition Act.
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